Oil prices keep swinging up and down, and so do stocks worldwide
Trader Michael Milano, center, works with colleagues on the floor of the New York Stock Exchange, Wednesday, May 13, 2026. (AP Photo/Richard Drew)
NEW YORK (AP) — Oil prices swung Monday after a scare overnight where prices popped and then moderated, and the yo-yo moves kept stock markets worldwide unsettled.
The S&P 500 was down 0.3% after flipping between modest gains and losses. The Dow Jones Industrial Average fell 19 points, or less than 0.1%, as of 11:47 a.m. Eastern time. The Nasdaq composite was down 0.7%, but remained near its all-time high set last week like the S&P 500.
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